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20121104
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Search Results 0 to 26 of about 27 (some duplicates have been removed)
unplugged. superstorm sandy gave life to a new set of scams. find out how to protect yourself. and, why the creator of star wars is giving "new hope" to education. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning everybody. i'm angela miles. it's november 2nd, and it's jobs friday. it may or may not be deal-breaker for voters, but tensions are high over the jobs numbers due out today. it's anticipated 125,000 jobs were added in october, and the unemployment rate edged up to 7.9% from 7.8%. in the latest numbers on jobs, adp reports 158,000 jobs were added to payrolls last month, while the goverment reports claims for unemployment benefits last week fell by 9,000 to 363,000. stocks surged ahead of today's jobs numbers. the dow rallied 137 points, the nasdaq up 43, and the s&p popped 16 pts. gold dropped $4 and oil inched up to nearly $87. tim mulholland of china america capital joins us now from the trading floor of cme group. good morning, good to have you on the show this morning on this jobs friday. > > go
. has superstorm sandy changed your preference in presidential candidates? you have a couple of options. you can click yes, i was impressed by obama's leadership and response to the storm. you can choose yes, i i was compressed by romney's sensitivity to storm victims. you can say no, i've made up my mind about the candidates. we're going share your responses in the next hour. we're also going to bring you more on superstorm sandy, the mess this t has left behind. we want you to listen to how this 90-year-old new jersey resident describes it. >> 91 years i've never seen anything like this ever. >> can you describe what happened when the water came? >> we were sleeping, my daughter and i. all of a sudden the water came in like -- i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm getting married. planning a life. there are risks, sure. but, there's no reward without it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts.
of superstorm sandy's damage has become clearer and more alarming, five a day. this morning sandy is blamed for 75 deaths in ten states. and about 5 million homes and businesses still have no electricity. >> in new york city many subway and commuter trains are now running and the city has put restrictions on drivers trying to get into manhattan. drivers also face severe gas shortages throughout the new york metro area. this morning hundreds of thousands of people along the new jersey shore are facing months even years of rebuilding. jeff glor is in things where president obama saw the power of sandy for himself on wednesday. jeff, good morning. >> reporter: norah, good morning to you. 14 are dead in new jersey but there is increasing concern that as more homes are searched that toll could rise. on wednesday president obama walked along new jersey's battered coastline side-by-side with governor chris christie. both offering encouragement to sandy's survivors. >> we're here four. we won forget. we'll follow up to make sure you get all the help you need until you rebuild. >> reporter: after ge
of superstorm sandy. the latest estimates coming out. ashley: the trading now but why not monday or tuesday? charlie gasparino working this story for us. we will be here soon to talk about it more. dollars fairing today how the currency is doing against the greenback. the yen and canadian dollar is down. we will be right back. >> 21 minutes past the hour your fox news minute. officials confirmed a florida bomb disposal team was sent to guantanamo navy base in cuba after hurricane sandy turned up what appeared to be a 500 pound bomb. the object which was discovered around and:00 a.m. tuesday was entered. the base posted an all clear notice on its face those page this morning. superstorm sandy claimed the life of an off-duty police officer monday night. nypd says 28-year-old died while assuring seven family members to safety as floodwaters surged into his staten island home. the officer was assigned to the department's first precinct. take a look at this incredible video. sandy shows off her strength as she ripped this tree out of the ground. this happened on the north shore of long island at
of superstorm sandy's damage is becoming cloe ining c more alarming. blamed for 75 deaths in 10 states and 4.6 million homes and businesses still have no electricity. >> in new york city, many subway and xhouter trains are now running. drivers are seeing huge traffic jams going into manhattan. they also face severe gas shortages throughout the new york metro area. hundreds of thousands of people along the new jersey shore this morning are facing months, even years of rebuilding. jeff glor is in atlantic city, where president obama saw the power of sandy for himself. jeff, good morning. >> reporter: good morning, norah. 14 people dead in new jersey right now. there is concern that number might rise as more homes are sear searched. on wednesday, president obama walked along new jersey's battered coastline, side by side with governor chris christie. both offering encouragement to sandy's survivors. >> we are here for you. and we will not forget. we will follow up to make sure that you get all the help that you need until you've rebuilt. >> reporter: after getting an aerial view of the devastati
about some of the improvements that have been made since superstorm sandy. talking about the world trade center memorial, still under water, but that should be pumped out today, he said. but the big headline is that all power, he says, has been restored in manhattan. and one other note, fuel trucks, we're told, are going to be in the new york-new jersey area. the u.s. department of defense and the president have ordered this and there will be a ten-gallon limit. there's been a real problem for folks there trying to get gasoline in their cars, so that is certainly some good news as well. now more on superstorm sandy. take a look at these stunning before-and-after photos that we're just getting from google earth. this first one is from brick township, new jersey. on the right, if you look closely, you can see the cared remains of a neighborhood and some small fires still glowing. and this is on the new jersey coast, one of new jersey's barrier islands. you the see it now has a small river running through where a cluster of homes actually used to be. i actually saw that area for myself. it
is still quite the nightmare. laguardia hit hard by superstorm sandy opened a few hours ago but with limited service. also limited service at some of the other new york airports. this morning a few subway lines are back up and run ining. trains will stay away from lower manhattan where the power is still out. buses, as you might expect, are packed with many people waiting hours in line to get on board. the good news? all public transportation is free today and tomorrow. oh, but then there's the traffic gridlock. treats are packed and mayor michael bloomberg says all cars coming into manhattan must have at least three people inside. one lawmaker is balking at the idea of spending your tax dollars there. steve king is a republican congressman from landlocked iowa, a fiscal conservative who often rails against spending. in fact, he gained prominence for opposing federal aid for victims of hurricane katrina. he says that can teach us lessons now. >> i want to get them resources to lift them out of this water and the sand and the ashes and the death that's over there in the east
saying a few words about what was going on in the aftermath of the superstorm sandy. we're going to continue to monitor what the president has to say. we'll bring you more of that. we also have some brand new poll numbers just in from the critical battleground state of ohio. you see the president in lima, ohio, right now. our brand new cnn/orc poll shows president obama with a narrow lead in that state 50% to mitt romney's 47%. that's within the sampling error making it still effectively a dead heat. our chief national correspondent john king is joining us right now. he's in ohio as well. john, take us inside these numbers. >> wolf, they are fascinating when you look deep in this poll. the president you just showed he's here in ohio. governor romney will be here tontd. they expect some 35,000 republicans at his rally. in this part of the state i'm in cincinnati tonight. when you look deep in our poll you see this one will be fought out through the last poll closing on election night. look at these two candidates among independents. governor romney with a slight edge 48% to 46%. a
, are maybe in for a little bit of sticker shock. superstorm sandy could hit them in the wallet. >> yeah, you know, it's an interesting one here. obviously here in the northeast, you know, we're all suffering from superstorm sandy. but you know what? in the weeks to come, even consumers as far away as the west coast could potentially -- particularly here in the market for a car because thousands of vehicles have been damaged here to the point where they really do need to be replaced and that could drive up prices of both new and used vehicles in the weeks and months ahead and also remember a lot of dealerships here in the northeast have sustained a lot of damage to their inventory, as well, to the cars that they had out on their lots. complicating matters, used vehicles have been in short supply because of declining sales of new vehicles. so the only thing i can find here, chris, in terms of a silver lining is if you are looking to trade in your car, you may potentially get a better price. back over to you. >> krn's mandy drury, thank you. >>> and as we wait for the president here in hilliard
session after a 2-day shutdown due to superstorm sandy. in the end, october had some wicked moments for investors, leaving the dow down 2.5% and the s&p 500 off 2%, while the nasdaq lost 4.5%. and employment figures from adp for september were revised down, showing 88,200 jobs were added verus the 162,000 originally reported. this is just a test. the people at research in motion are testing the new blackberry 10 smartphones with 50 carriers around the world. even though it was a down day yesterday, todd horowitz of average joe options joins us. todd, i have to tell you, it was good to see those traders back on the trading floor. what was your impression of that trade? > > good morning. it was nice to be back. it was nice to be back in action. however, the trade was very slow and very dull, and we're still trying to figure out, we're trying to make sure that all the systems were working properly, and there is a lot of news coming out today and tomorrow with the adp jobs today and the regular jobs report tomorrow. so, it figured to be a little slow yesterday anyway. > > we had a surp
facing lower manhattan as it tries to recover from superstorm sandy. and we take a look at this morning's early movers here on wall street. at optionsxpress we're all about options trading. we create easy-to-use, powerful trading tools for all. look at these streaming charts! they're totally customizable and they let you visualize what might happen next. that's genius! we knew you needed a platform that could really help you elevate your trading. so we built it. chances of making this? it's a lot easier to find out if a trade is potentially profitable. just use our trade & probability calculator and there it is. for all the reasons you trade options - from income to risk management to diversification - you'll have the tools to get it done. strategies. chains. positions. we put 'em all on one screen! could we make placing a trade any easier? mmmm...could we? around here, options are everything. yes mom, i'll place a long call to you tomorrow. i promise. open an account today and get a free 13-month eibd™ subscription when you call 1-888-280-0154 now. optionsxpress by charles schwab. lo
for illinois, kentucky and tennessee. superstorm sandy could cost $20 million in property damage. already that is $5 billion more than hurricane irene. guaranteed that number goes up and 10 to $30 billion more in lost business. connell: let's talk about the new york stock exchange, one of the big story today that the exchanges back at it and open for the first time since hurricane sandy. close on monday and tuesday and early this morning nicole petallides had the chance to speak with c e o duncan neiderauer and asked if they could have opened the stock exchange earlier than today. >> we could have. it would have been irresponsible in light of what we know. we could have operated electronically and what the industry clearly told us on sunday was please don't open electronically because we have to put a lot of our people in harm's way so let's not do that. do i wish we came to a decision earlier? sure. but we all made the right decision. it would have been irresponsible and dangerous to be open monday and tuesday. dagen: coming up on quarter past the hour and want to do stocks now and every
. superstorm sandy left a giant crater where the boardwalk's rides and attractions used to be. >>> meanwhile, electrical service is coming back online for the estimated 8 million people left in the dark. forecasting it, they think it will end up costing $20 billion in damage. now we'll send you back to "last word with lawrence o'donnell." >>> the captains of industry who run american automobile companies have a word for people like mitt romney -- liar. >>> and next, in the spotlight, mitt romney's campaign said they weren't holding any political events today, and then they held a political event. >>> and if the romney campaign was shut down today, what was john mccain doing in ohio attacking the president? karen finney and jonathan capehart will join me on that one, next. ah. fire bad! just have to fire roast these tomatoes. this is going to give you a head start on your dinner. that seems easier [ female announcer ] new progresso recipe starters. five delicious cooking sauces you combine with fresh ingredients to make amazing home-cooked meals. [ male announcer ] why do more emergency worke
and the rain that was the initial storm. right now we are in the aftermath period of this superstorm, sandy. how do you feel in terms of dealing with the aftermath, describing those explosions, these ongoing worries. before we get to rebuilding, rescuing people, taking care of continuing damage right now. how would you assess the response and the coordination between the federal government, the state government, municipalities. how are we doing? >> i think we're doing very well. i mean, you heard the president, and i have to say that i think his response has been terrific, really. and it's been coordinated, unlike some of what happened in katrina. and you heard, you know, governor christie, who's a republican, with president obama, working together. and that's how it's been, from the president to the governor, all the way down to the county and the towns. so one of the things that i did today, in fact, i was just on the phone before i came in here, was talk to fema about trying to get an office and a staff person in various parts of the district that i viewed today, and they're working on i
back to normal today after superstorm sandy forced the new york stock exchange and the nasdaq to wait out the storm and stay close from the last two days. if investors areomin back today, they may be wondering whether there's going to be extra volatility. ira harris joins us right now from the cme group in chicago. what's the sense you get? i've actually been surprised by how orderly all of this has been to date. >> it has been orderly, but i think that's because we've been taking our reads off of the european markets, which have held up pretty well. better than well. and where we are positioned when the storm hit -- well, let me say my deepest sympathies for everybody out on the east coast who has to deal with this. especially, joe, ken langone who was sick in the hospital with pneumonia. >> oh, i didn't know that. >> but let's go with the stocks. we're at such critical junctures here. it's an amazing thing, when i was going through my work the last couple days, to see the convergence of 200 moving day averages. it's a mean reversion. so we are coming back to an interesting stop poin
coast. tens of millions of people are preparing for the wrath of hurricane sandy. the potential superstorm is expected to skrech from north carolina to maine and could cost billions of dollars of damage. it's about 350 miles off the coast of south carolina with winds at 75 miles per hour. this storm is so big it could actually have an impact on the presidential election. it's already forcing the candidates to change their campaign stops. we've got reporters in place tracking the storm for us. athena jones is in alexandria, virginia. and george howell is there in kill devil hills, north carolina. let's start with you, george, where we see the winds have picked up and so has the surf. what's it feeling like there? >> yeah, winds definitely have picked up here, and we're starting to feel the rain. earlier, it was just rain showers that were coming down. now we're feeling that sideways wind, a clear indication the storm is moving closer to us. in fact, this area on the outer banks, we'll really be along the front lines seeing the storm as it pushes inland. again, we know that this a
ahead. that's a little tease. the election day forecast coming up. we're getting rid of sandy the next couple of days. this superstorm still lingering over the top of buffalo. you've seen the pictures, heard the stories. the question now is where is it going to fall in history? the most extensive u.s. hurrica hurricanes estimated at $50 billion, billion, dollars. right around andrew and these numbers are taking into account inflation over the years from andrew in 1992. so this is one of the worst storms in our country's history as far as how much damage it has done. as far as the forecast, it is cold and chilly in the areas without power. we need that power on in a hurry. it's not going to warm up anytime soon as we head into november tomorrow. as far as the forecast today, a few showers out there especially northern new england. the rest of the holiday forecast does look quiet out there. the west coast does have some rain and showers we're dealing with. now i teased you with the election day forecast. this is kind of my first look ahead for it. as far as what we're dealing with, it lo
Search Results 0 to 26 of about 27 (some duplicates have been removed)